After 3 weeks of being screwed around by the people who had put the offer on our house, and their Realtor, we are back to the beginning! Their financing for our house did not go through, so that’s it. We have to start all over again. The big problem is that not only did they lie to us through the entire process, so did their real estate agent! I am actually thinking of reporting him to the Board due to his blatant lies and the way he misled us and our agent.
The big problem with all this is that we will now probably lose the house we wanted to buy. We can’t buy the new house without selling our current one first, so they really screwed us. Plus we went ahead and spent money on inspections and testing because we were told there would be no problem and they were fully approved by their bank. The real kicker is we haven’t even heard from their Realtor in 4 days! We found out everything fell through by calling their bank to find out what was going on as we couldn’t get hold of anyone from their side. The bank told us (well, our agent) that there was no way they could approve them due to all the discrepancies in income and other things. They even lied to the bank!
This all came to a head late yesterday, so now we are back to having to show our house again which is a real disruption. We have a showing late this afternoon, another on early Thursday evening, another on Friday morning, and on Saturday and Sunday! It all just gets in my way of both work and play.
So I am disheartened and a little bit depressed from all of this. I thought I was finally free of that stress and could concentrate on the move and the renovation and decorating for the new house. But who knows what that new house will be.
Too bad. Hope your luck changes
Danny
I worked as mortgage loan broker for 12 years … Rule #1: Buyers are Liars!!! Rule #2: Real Estate Agents are Liars & Idiots (when it comes to mortgages)!!! They will both tell you whatever they think you want to hear as long as they think it will get them the loan. And you absolutely need to report both the Agent AND the Realtor Office – otherwise they will just do it to someone else! Sorry to hear – hope everything works out.
Carol, I feel sorry for you! Terrible lack of integrity theses day, both north and south of the border!
Sorry to hear about that 🙁
real estate people are one step lower than used car salespeople. They will tell you exactly what you want to hear so they can get their frigging commission. I can’t see how buyers can actually go thru all the paper work, and for sure, they know they won’t pass the credit check. The agent should be held responsible for your lost time etc. Good luck with the next purchaser